Martin Marietta Materials (MLM) Revenue — Quarter Ended Sep 30, 2023
Revenue for the reporting quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The trailing twelve-month revenue also remained higher than the current quarter's level.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue for the reporting quarter increased compared with both the immediately preceding quarter and the same quarter one year earlier. The trailing twelve-month revenue also remained higher than the current quarter's level.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
+9.5%
Change from the immediately preceding quarter.
Year-over-year
+10.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2022 | $1.5B | -1.3% |
| Mar 31, 2023 | $1.4B | +10.0% |
| Jun 30, 2023 | $1.8B | +10.9% |
| Sep 30, 2023 | $2B | +10.1% |
Revenue performance
Revenue was higher than the prior quarter and the same quarter a year ago, reflecting continued upward momentum.
Quarterly comparison
The sequential increase from the preceding quarter and the year-over-year gain both point to revenue growth during the period.
What to watch
The company's capital expenditure and operating cash flow trends, as noted in the filing, are elements to monitor.